I am not very sure regarding the market there, but if you can find an investor in that area.
Talk with him, ask him out and treat him lunch.
You'll learn much more.

You in JB? 

Hehe that's I'm doing... leveraging "horizontally" (partner) + "vertically" (parents)...
I can't give a lot of money to my parents, but hopefully can help them make more money? 

Here's some of the lessons I've learnt from investing in properties that I can share. Note that you can be a "property investor" even by owning only 1 property, but a true investor will aim for much more quantity in his/her lifetime.
1. Try to start as soon as you can and as young as you can.

2. I know its cliche by now, but location is No. 1. This is critical especially in your 1st property. Buy wrongly and you will unlikely be a property investor again. Don't care what everyone else say. I will only invest in certain areas. This is a myopic view, but it is to reduce risk.

3. Property investment is risky. Do not go into it without the stomach for risk. Try to find "less risky" properties as much as you can.

4. You do not need to think very long to buy a property. No need to call "feng shui master", or call best friend or ask forums etc. When I go to see a property, I am already prepared to buy it. The only thing to consider when viewing are the minor details. Goodbuys do not usually wait for you.

5. Never, NEVER ever buy a property jointly with your relatives/girlfriend etc. NEVER, even your wife.........Oklah, if you really have no choice and the property is selling for 1/2 the market price and you can immediately make a killing selling it 3 months later, then set up a company to buy it.

6. Reinvest all your earnings. Especially in the beginning. When you've made your 1st bucket of gold, then you can use for others lah.

7. Have a strategy early on. Capital gain with little rental income or rental income with little capital gain? I mean, really. Sure, you can be really good or lucky to get a property with both, but its rare, and usually applies to property bought from developer. In times like this, then there is a possibility of both.

8. Throw in every cent of your extra money into extra payment of the principle amount.

9. Leverage on your current properties to get the loans to buy your next property. This goes without saying, but often times, you're leveraged so high it scares you. Get as much loan as you can on as low interest rate as you can. Do not be afraid to refinance or write to your bank from time to time asking for lower interest rate.
minolta